Business News
A raft of recent state and federal initiatives has spurred interest in government-subsidised housing stock among developers facing challenging market conditions.
Escalating build costs and a lack of available builders mean developers are having difficulty navigating project feasibilities, making government-backed jobs attractive options.
But opportunities for private developers to capitalise on the billions of dollars of projects on offer via the federally driven Housing Australia Future Fund have been limited so far, with state government agencies winning many of the contracts.